Telegram-herald., 1887-01-29
NO THANKS TO LABOR
Bradstreet's Report Not En-
couraging to Trade.
MANY BUSINESS INTERESTS STlGNlhI.
Scme little Encouragement. But not
Much--Cstile Experts increased
Oy Goods Have an Upward
Tendency - Labor AgIta-
ton Affects Trade.

NsW loEE. Jan 28.-R G. Dunn ( 60.
review Of trade SAYS '.Ihe strength az the
markets is noteworthy, in view Of labor
troubles which have effected the week 8
business mCie than any reslize. The strikes
OF the coal handlers and longshoremen here
affect. not only the coal trade, but exports
OF grain. provisions and cotton. tending 70
cepress THESE marae- The massachusetts
movement fOr Tree shops having nearly
stopped the boot and shoe manuiac-
ture .n in pOrlant locAu-es, Affects
that business and the leather trade
The sc.usi and threatened strike oi
carpet weayers affect the wool trade. opecu-
latiOu has lag-ed, "a Is natural, moderate
sales being the rule IL the exchanges
Wheat after advancing 70 81 cents, weak
ened because the exports were checke1, ana
closed ss a week agO. with corn shade
lover ana oats shade higher. Gotten,
coffee. sugar and pork products are IN
changed o.. a cent lower. aud cattle little
lower rne receipts of Texas meat IN Lon
don. call attention a. the growing Oh the
dressed meat tralhc. In l-S3 the shipments
OF cattle 10 New York and New England
were AZ. 400 tons. aud VI dressed beet l5os-
lsso tons in 1886. cattle shipments were
223Us tons. The Sew YORK average price
of csitie for l->6 was half d cent
lower than lor 1855 and probably The lowest
average for twenty-five years. The butter
trade is also dull. and values uncertain. In
tobacco there is 40 improvement; and lSst
years average for wheat WAS about the
Lowest on record q. New York. as in Great
Britain. Low prices are partly due 10 low
freight rates, but the market Tor many ag-
riculturai staples Is otherwise depressed,
fact to be remem bered ~ Judging OF prob
able purchases Cf manufactured goods by
f.rmers. Dry goods tend upward 81 pres
ent, however, print clothes and many yarle
ties of brown. bieacled and printed cloths
having advanced during the week with az
tive trade WoOiens fail TO advance. ~
spite Of higher foreign prices for wool
yarns and goods, and higher prices Tor
woolen. goods generally open a. last years
prices IN cheyiOts about eight per cent
lower and wOr-.ed5 offered with hesitation.
The lar-e saics OF heavy woOlens last year
impede Improvement, ana orders from
farming sections DO not wholly answer ex
peclalons. Wool sales a. Boston have
been y per cent. larger thus
lar than last year but in abiAiy
t. move prices OF goods upwards tends to
cheek the advance in material The auction
sale Of wooiens resulted in prices MOI very
encouraging. but many believe an advance
in goods viii yet be made. iron continues
% strengthen. through official reports
shoS that C,316,GsS net tons we're pro
cuCed last wear. Stocks were diminished
l57. 90 tons indicating the largest con
SUMPTION on recort. Ia all tie
Southern States the increased production
WAS only 1858 tons. however, against
! 254I5l increase IN O1iO alone and 7,193
in Pennsylvania. The speculative fever
! flls the 50gitc-n papers With notices o'
nea corporation g and conservative Journa IS
uuer WARNINGS. Money comes out OF tie
treasury sl0aiy. only s7l0Oj1 Tor tbe week,
| and silver receipts at New YORK are seven
teen per cent o; the tOtal.
Though The bank OF England gained four
million dollars las. weeK, foreign exchange
| here rises toward the gold exporting point,
no imper.an financial action by Congress
! is nov expected, and railroad Presidents
| have been convened by NJ Fink % con.
s3e- the inter state lli. the signature OF
which j. deemed certain. Reports s'ill
/ show large gains in railway earnlnEs, bui
ia acsf cases as isr-- 81 increase in cS-
/ peuse. The Increment Of freight continue
heavy The 5u mess failures occurring
tnrolcho4, ihc country duuug ihe ias'
seven aafs number f1r the nl'ci Sfste'
s. ami fo- Canada or total Of -7l